Page 29 - Crude Oil

Oil prices surge more than 10% after US crude storage build slows

US West Texas Intermediate (WTI) crude futures settled at $15.06 a barrel, jumping $2.72, or 22 per cent

Working with the Gulf

India must accept responsibilities for its diaspora

Oil demand won't recover to 2019 levels until end of 2021: Morgan Stanley

The Wall Street bank expects benchmark US oil prices to stabilise at around $40 a barrel next year

US oil falls 25% as investors flee on storage concerns; Brent below $20

Roughly 85 per cent of worldwide onshore storage full as of last week, according to Kpler data

Statsguru: Why crude oil went berserk last week and is it just a blip?

Oil traded at a negative price on a one-month West Texas Intermediate futures contract, but it didn't for successive months' futures contracts

MCX asks software vendor to enable negative price trading after broker ire

Exchange says cannot ascertain the date by which this would be achieved at this point in time

Crude collapse and the price disconnect

It is true that crude oil prices globally are under pressure due to excess supply and poor demand, thanks to the Covid-19 pandemic

Head versus heart

This is a false dichotomy, the Indian economy can be rebooted and the Covid-19 virus contained concurrently

Brent claws its way back from 20-year low; US crude up 20% in wild trade

Since the start of the year, Brent has fallen about 65 per cent , while WTI has dropped around 75 per cent

Brokerages drag MCX to HC over negative price settlement of crude

The three commodity brokers that have filed separate petitions against MCX and Sebi in include Motilal Oswal Financial Services, PCS Securities, and Religare

Brent price crash adds to oil chaos even as OPEC+ rushes to cut output

Over 20 per cent fall comes despite OPEC+ agreeing to reduce production

Brokers plan to sue MCX over negative price settlement of April crude

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years

OMCs, RIL better placed; oil producers stare at losses as crude plunges

Reliance Industries' higher cost efficiencies and diversified business model will prove helpful

Crude oil slump triggers a sell-off in domestic stocks, currency

Sensex falls 1,011 points, Nifty closes below 9k

When oil goes negative: How did it happen, what it means for Indian economy

Oil producers are paying buyers to take the commodity off their hands.

US oil futures continue to tread in negative territory, Brent plunges

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

OMCs on stronger wicket, oil producers stare at losses as crude plunges

Refiners like Reliance Industries may also see inventory losses adding pressure on already weak refining margins

Outlook & trading strategies for Gold, Natural Gas by Tradebulls Securities

The rally is under threat only when gold breaks 44,500

Aramco offers struggling refiners option to defer crude payments: Report

Oil plants are struggling with shrinking demand as coronavirus pandemic shuts off economies.

Commodity outlook by Bhavik Patel of Tradebulls Securities: Buy lead, gold

Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.